• Precision Drilling Corp PD.TO reported a quarterly adjusted loss of 51 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of C$2.31. The mean expectation of five analysts for the quarter was for earnings of C$1.37 per share. Wall Street expected results to range from C$1.29 to C$1.44 per share.

• Revenue fell 3.1% to C$462.25 million from a year ago; analysts expected C$463.84 million.

• Precision Drilling Corp's reported EPS for the quarter was a loss of 51 cents​.

• The company reported a quarterly loss of C$6.76 million.

• Precision Drilling Corp shares had fallen by 2.8% this quarter and lost 10.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas drilling peer group is also "buy"

This summary was machine generated from LSEG data October 23 at 02:27 a.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)